Hints and tips:
...It even surpassed the so-called “greatest trade ever”, John Paulson’s 2007 bet against subprime lending....
...The FT’s Robin Wigglesworth looks at how BlackRock and Fink have managed to amass so much power over the years in this adapted excerpt from his upcoming book....
...Robin Carey: The BoE must provide a balanced approach to support the people of our country....
...In addition, the runaway price rises that many gold enthusiasts are predicting may not materialise; investors such as billionaire John Paulson were wrongfooted after the 2008 crisis when inflation did not...
...Paulson never repeated his 2008 trick, and the investors who flocked to him then have largely departed....
...Then, he spoke to Treasury secretary Hank Paulson more frequently than some chief executives of the big Wall Street banks. At the time BlackRock was a large, influential fund manager....
...The expansion of the Fed’s crisis-fighting toolkit to encompass riskier debt — including debt issued by companies owned by private equity groups — will be controversial, write the FT’s Joe Rennison, Robin...
...John Paulson’s fall from grace has generated a fair bit of schadenfreude....
...As the piece by Robin Wigglesworth, Lindsay Fortado and Laurence Fletcher noted, hedge fund returns have become far less compelling over the past decade, as more cautious institutional investors, mounting...
...Mr Paulson rose to fame after the crisis, when Paulson & Co made billions of dollars from predicting the US housing crisis and astute bets on complex credit derivatives....
...“In the end, I’m confident the Fed would have helped finance a deal with a willing buyer, and I think Hank [Paulson, then Treasury secretary] would have supported that, no matter what his people had told...
...In 1997 the late Robin Potts was asked by the International Swaps and Derivatives Association to review the new market in credit default swaps....
..., the multibillionaire head of Paulson & Co....
...His concern is not the risk of inflation, which has prompted investors such as Mr Singer and John Paulson to load up on gold....
...Alan Greenspan, the former chairman of the Federal Reserve is meanwhile now an adviser to hedge fund Paulson & Co....
...Among those hedge fund managers already shorting German bonds is John Paulson, the US hedge fund manager who rose to prominence in 2007 thanks to correctly betting that the US housing market would collapse...
...Most notably, John Paulson, the hedge fund manager who made billions by foreseeing the collapse of the US housing market, last month revealed that he is shorting German government bonds....
...Mr Paulson, who earlier had breakfast with Mr Geithner, was blunt in his assessment of the dangers....
...And Laila Robins is priceless as Christine Lagarde, the French finance minister and top contender to lead the International Monetary Fund, when she upbraids Paulson for having the audacity to let Lehman...
...“These clothes will shield you always,” said Paulson, the partner who had taken the emperor’s wreath. “If implied volatility spikes in the ducat options market, put these on and all will be well.”...
...David Einhorn of Greenlight Capital and John Paulson of Paulson and Co, both heading hedge funds that made money during the financial crisis, have bought gold and created classes of shares in their funds...
...Paulson & Co was founded by billionaire John Paulson, who has become one of the most closely followed hedge fund managers after his bet against subprime mortgages became the most profitable trade in history...
...Robin Budenberg and David Soanes of UBS are there, along with Tom Scholar, a trusted civil servant....
...But Paulson did.” Having arrived, Paulson marvelled that the sheikh had, as he enviously put it, been able to sell a race, a city and a country to the world for the cost of one night’s prize money....
...His mentor had other ideas, telling an investors’ meeting that he thought of the relationship as more like “I’m Batman, he’s Robin” – a remark that infuriated Mr Dimon....
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